Korean industries are facing a serious problem of growth and competitiveness. Korean industries should be equipped with new leadership in CEO and new management paradigm to survive and cope with the IMF crisis. CEO is sometimes compared to captain who...
Korean industries are facing a serious problem of growth and competitiveness. Korean industries should be equipped with new leadership in CEO and new management paradigm to survive and cope with the IMF crisis. CEO is sometimes compared to captain who is in charge of a ship. Korean industries could be compared to a ship trying to survive the troublesome sea of IMF while the CEO of excellent industries of the world are sailing with great speed towards the new millennium. The coming new millennium could be defined as `the age of exchanging or trading the real time information and knowledge.` This means that we cannot but to face serious competitiveness between people, industries and nations. The new age will be one in which creativity of a person or an industry is highly thought of. This paper will show 1) what the new paradigm would be like, 2) What the CEO will face in the new millennium, and 3) What the new leadership should be like for the coming new millennium.